close
View Me
Cheap Apartments for Rent in the Kilowatt Lake Neighborhood of Memphis, TN from $300 (15 Rentals)
Search the lowest-cost Apartments available for rent right now in the Kilowatt Lake area of Memphis.
close
View Me
$659 - $9201 to 2 Bedroom Apartments Available Now
University Gardens Manor
2059 N Cabana CirMemphis, TN 38107
close
View Me
close
View Me
$699 - $1,1001 to 4 Bedroom Apartments Available Now
Springdale Creek Apartments
831 Springdale Run DrMemphis, TN 38108
close
View Me
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
close
View Me
close
View Me
close
View Me
2263 Hunter Ave
MemphisTN38108
close
View Me
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
close
View Me
3190 Coleman Ave
MemphisTN38112
1536 Brookins St
MemphisTN38108
close
View Me
2367 Hubbard Ave
MemphisTN38108
Affordable Memphis: The Best Neighborhoods with Character and Lower Rents
Explore affordable Memphis neighborhoods like Victorian Village, Medical District, South Memphis, and Uptown. Find apartments where your rent goes further.
Showing Results 1-15, Page 1 of 1
Kilowatt Lake, Memphis, TN Local Guide
How much does it cost to rent an apartment in Kilowatt Lake?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Kilowatt Lake Studio Apartments | $895 | $725 | $1,050 |
| Kilowatt Lake 1 Bedroom Apartments | $1,009 | $595 | $1,980 |
| Kilowatt Lake 2 Bedroom Apartments | $1,080 | $659 | $2,465 |
| Kilowatt Lake 3 Bedroom Apartments | $1,165 | $850 | $1,375 |
| Kilowatt Lake 4 Bedroom Apartments | $1,100 | $1,100 | $1,100 |
Browse Apartments in this Neighborhood
There are currently 15 rentals with your search options within a 2 mile radius of the Kilowatt Lake Neighborhood of Memphis, TN.
See all Apartments in MemphisExplore Memphis
Kilowatt Lake, Memphis, TN Local Guide
- Nearby Memphis neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Kilowatt Lake Apartments for Rent
The cheapest available apartment rental in the Kilowatt Lake area of Memphis, TN is a 2 Beds unit found at University Gardens Manor priced from $659. Springdale Creek Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here are the most affordable Kilowatt Lake apartments for rent in Memphis, TN:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| University Gardens Manor | 2x1 Classic | 2BR,1BA | $659 |
| Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $699 |
| Kings Reserve Memphis | Beale Corner Grande | 1BR,1BA | $800 |
| Love Midtown Apartments | 1 Bed 1 Bath | 1BR,1BA | $890 |
| The Galloway @ Evergreen | The Evergreen | 2BR,1BA | $999 |
Best Value Apartments for Rent in Kilowatt Lake, TN
As of November 18, 2025 the best value apartment in the Kilowatt Lake area is the $1.93 price per square foot Americus 2 Model at Parcels at Concourse in the in the Medical District neighborhood starting from $2,036. The second greatest value Kilowatt Lake apartment is the The Evergreen Model at The Galloway @ Evergreen starting at $999 with a $1.25 price per square foot in the Midtown Memphis neighborhood. Here is today’s list of the best values for Kilowatt Lake apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parcels at Concourse | Americus 2 | 2BR,2BA | $1.93 |
| The Galloway @ Evergreen | The Evergreen | 2BR,1.5BA | $1.25 |
| University Gardens Manor | Gold Unit | 2BR,1BA | $1.19 |
| Springdale Creek Apartments | 1 Bedroom | 1BR,1BA | $1.00 |
| Love Midtown Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.37 |
| Kings Reserve Memphis | Beale Corner Grande | 1BR,1BA | $1.94 |
College Life in Memphis: Affordable Neighborhoods Where Students Rent and Thrive
Where do Memphis students actually live? Our local expert reveals the best affordable neighborhoods to rent near U of M, Rhodes, and CBU. Get local tips & save on rent!
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Kilowatt Lake area?
If you’re an expert on all things Kilowatt Lake, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Pet Friendly LifestyleKilowatt Lake, Memphis, TN
Ranked #92
Among cities in Tennessee for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Cheap Kilowatt Lake Apartments
What is a cheap apartment in Kilowatt Lake?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kilowatt Lake is under $1,753.
What is the price of a cheap apartment in Kilowatt Lake?
The cheapest apartment in Kilowatt Lake is University Gardens Manor which is listed at $659, while the average apartment in Kilowatt Lake costs $1,375.
What types of apartments are the cheapest in Kilowatt Lake?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 59 regular apartments in Kilowatt Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Kilowatt Lake?
Cheap apartments in Kilowatt Lake have an average cost of $520 which is $855 cheaper than the average rent for all rentals in Kilowatt Lake.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Affordable Memphis: The Best Lower Priced Neighborhoods with Character
Written by: Joshua Carlucci
I’m Josh, your ApartmentHomeLiving.com Local Expert for Memphis.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.